Certainchemical substances influence the growth and differentiation of plant tissues,cells, and organs. These chemical substances are known as plant growthregulators. Theseregulators work as chemical messengers for the purpose of intercellularcommunication. They are called as plant hormones.
Oflate, plant growth regulators have gathered popularity in various parts of theworld, especially in countries where agriculture plays a significant role. Inthese countries, these products are utilized as bi-stimulants or bio-inhibitorsand it changes the physiological processes of all the plants. Agriculturalsector is likely to be automated and mechanized as advancement in scienceimproves chances of utilization of novel inputs. These novel inputs areexpected to maximize yield of crops in the years to come. These factors areestimated to propel growth of the global plant growth regulators market.
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Someof the names to reckon with in the global plant growth regulators market areTATA Chemicals, Valent Bioscience Corporation, Adama Agricultural SolutionsLtd, Redox Industries Limited, Arysta LifeScience Corporation, and Sumitomo ChemicalCo. Ltd.
Exhaustingextensive methods of research, Transparency Market Research prophesizes thatthe global plant growth regulators market is anticipated to rise at a robustgrowth over the timeframe of forecast.
IncreasedAwareness to Accelerate Market Growth in Asia Pacific
Theglobal plant growth regulators market is likely to be divided into the keyregions of North America, Middle East and Africa, Asia Pacific, Europe, andLatin America. These regional segments are anticipated to provide an in-depthanalysis of the regional markets with both micro and macro economic factors atplay.
AsiaPacific is likely to exert dominance in the global plant growth regulatorsmarket over the tenure of forecast. The region is likely to continue with itsregional dominance in the years to come as well. Increased awareness aboutplant growth regulators coupled with government initiatives to encourage itsuse has helped in fostering growth of the plant growth regulators market.Several countries in Asia Pacific rely on agriculture, which is likely to offerlucrative opportunities of growth for the plant growth regulators market in theregion.
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IncreasedDemand for Organically Produced Goods Offers Lucrative Growth Opportunities
Theincreasing demand for organically produced goods is likely to generate moredemand for the chemical thereby driving the growth of the global plant growthregulators market in years to come. At present, several pharmaceuticalcompanies are making huge amount of investment in research and development tocome up with medicines made from plant extracts. These medicines are herbalmedicines.
Biotechnologyand medicine fields have witnessed tremendous technological progress in thelast few years. Such technological progress is expected to assist in thedevelopment of disease specific plant growth regulators. With the emergence ofedible vaccines, it is likely that the global plant growth regulators marketwill witness growth in years to come. As edible vaccines make foray into themarket, it is expected that the growth of the global plant growth regulatorsmarket will witness further growth.
Theinformation presented in this review is based on a TMR report bearing title“Plant Growth Regulators Market (Hormone Type - Auxin, Gibberellin, Cytokinin,Ethylene, Abscisic Acid, Others; Function - Promoters, Inhibitors; Crop Type -Fruit & Vegetables, Cereals & Grains, oilseed & Pulses, Turf &Ornamentals; Formulation - Solutions, Wettable powder, Soluble Powder, Tablets,Water Dispersible) - Global Industry Analysis, Size, Share, Growth, Trends andForecast 2018 – 2027”
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Theglobal plant growth regulators market is segmented based on:
HormoneType
· Auxin
· Gibberellin
· Cytokinin
· Ethylene
· Abscisic Acid
· Others
Function
· Promoters
· Inhibitors
CropType
· Fruit & Vegetables
· Cereals & Grains
· Oilseed & Pulses
· Turf & Ornamentals
Formulation
· Solutions
· Wettable Powder
· Soluble Powder
· Tablets
· Water Dispersible
Region
· North America
· Europe
· Middle East and Africa
· Asia Pacific
· Latin America
